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I've Inherited Stock In A Gold Mine, I Think

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jbuck's Avatar
United States
187446 Posts
 Posted 07/23/2018  12:16 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
But I regularly see GM stock certificates selling in the $5 to $10 range on ebay.
So they are not completely worthless.
Pillar of the Community
MontCollector's Avatar
United States
2403 Posts
 Posted 07/23/2018  12:34 pm  Show Profile   Bookmark this reply Add MontCollector to your friends list Get a Link to this Reply

Quote:
I would investigate their value. They may need to be converted to have any real value


Not sure what you mean by converted. They have been put in my name and I do receive dividend checks from them. I just haven't bothered checking what a share is selling for in years.
Valued Member
Canada
54 Posts
 Posted 04/13/2021  07:03 am  Show Profile   Bookmark this reply Add JadeDragon to your friends list Get a Link to this Reply
If you keep cashing the dividend checks the stock is not worthless and will not be escheated. I've got a single framed share of that GM stock. Not interested in selling it as it still makes good art and a lesson in how any company can fail.
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Reedbeard08's Avatar
United States
143 Posts
 Posted 04/13/2021  8:42 pm  Show Profile   Bookmark this reply Add Reedbeard08 to your friends list Get a Link to this Reply
Loving the artistry across all of these - frustrating to hear about the "old" and "new" GM causing a total loss of stock value. Thanks for sharing!
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